Strata Levy Budget Calculator
Estimate annual and quarterly strata levy costs for an apartment or townhouse using your building's quoted levy amounts.
Your results
Calculation breakdown
- Annual levy
- (admin fund levy + capital works levy) × 4 quarters
Worked example
An $800 admin fund levy plus a $300 capital works levy each quarter totals $4,400 a year in strata fees.
Assumptions
- Strata levies are set individually by each owners corporation based on its budget and building needs.
- Excludes any one-off special levies that may be raised for major works.
How this calculator works
Strata levies, sometimes called body corporate or owners corporation fees, are set individually by each scheme based on its budget and are usually billed quarterly. Enter your quoted quarterly levy to see the annual cost and help budget your ongoing ownership expenses.
Frequently asked questions
What do strata levies typically cover?
They generally cover building insurance, common area maintenance, and contributions to an admin and capital works fund, though inclusions vary by scheme.
Why can't this calculator estimate the levy for me?
Levies are set by each owners corporation based on its own budget and building costs, so there's no standard rate to apply.
Do levies change over time?
Yes, they can rise with building costs, insurance premiums or planned capital works, so check recent AGM minutes for trends.
Results are estimates only and are not financial, tax, legal or credit advice.